🌾 #AgFunderNews covered the launch of our rice programs in India 🇮🇳 Learn about how Mitti Labs supports small-holder #rice farmers through specific climate-smart practices and helps them monetize the impacts created from reduced methane emissions and fresh-water. During the interview with Elaine Watson, Mitti Labs co-founders Devdut Dalal and Xavier Laguarta Soler also shared insights on the #dMRV solution our team has developed to monitor practice change and measure impacts at scale 🛰 Check out the article in the comments!
Mitti Labs
Environmental Services
Mitti Labs is helping companies confidently invest in high-quality sustainable Rice projects
About us
MittiLabs' mission is to reduce Rice emissions while improving small-holder farmer livelihoods. Our integrated approach covers project design, farmer training, dMRV technology for project integrity, and certification for project financing. Our proprietary dMRV uses AI and satellite data for local precision at a country scale
- Website
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https://www.mittilabs.earth/
External link for Mitti Labs
- Industry
- Environmental Services
- Company size
- 11-50 employees
- Type
- Privately Held
- Founded
- 2023
Employees at Mitti Labs
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Hemant Mohapatra
Partner, Lightspeed; past: @a16z, @Google, engineering @AMD
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Chinmay Adhvaryu
Building products to fight the climate change
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Sergi Bastardas
Advisor | Investor | Endeavor Entrepreneur
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Alice Bednarova
Product & Experience Designer - 9 years of designing impactful experiences
Updates
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🌏 We’re thrilled to announce the launch of our climate-smart projects which are supporting 30,000 small-holder rice farmers across India. 🌾 At Mitti Labs, we’re reimagining rice projects from the ground up to develop the most transparent and trustworthy methane reduction programs - empowering companies to invest in #nature confidently.Through our projects, we have seen farmers reduce #water usage by 40%, #methane emissions by 50%, and improve incomes by up to 30% We are grateful for our investors at Lightspeed India and Voyager Ventures, who co-led our $3 million funding round last year, and for the support from our incredible angel investors, friendly advisors, and the partners dedicated to supporting us on-ground. This investment allowed us to launch the first remote-sensing based solution for #rice methane monitoring and measurement, as well as to scale our operations across 7 key rice-growing states in India. We’re only getting started and have an incredibly passionate team working tirelessly to support small-holder rice farmers in adopting climate-smart practices across #India & #SoutheastAsia! To learn more, you can read our recent discussion with TechCrunch (link in the comments below) #sustainablefarming #climate #MRV #sustainability
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🌍 Did you know that Rice farming has emissions equivalent to the global Aviation industry? At MittiLabs, we’re reimagining rice projects from the ground up to develop the most transparent and trustworthy methane reduction programs - empowering companies to invest in nature confidently. What’s the potential impact? The environmental impact is huge - reducing methane emissions by 50% and water-use by 40%. But the benefits of our program extend far beyond climate. By connecting farmers to an additional carbon market revenue source, we’re able to uplift small-holder farmer livelihoods, increasing their income by over 30%. Our goals are ambitious but we are committed to putting our abilities to the most important cause of our generation. What started 1 year ago as a conversation between 3 co-founders at Harvard Innovation Labs is now a team of 14 passionate experts spanning science, technology, agronomy, and carbon markets. Thank you to our partners, our team, and our investors for your support and belief in our mission throughout 2023. This past year: 🔹 We've successfully launched pilots across five states in India, closely monitoring methane emissions and water usage, and gathering field data to train our AI models. 🔹 Our partnerships extend to industry giants like Syngenta and Ebro Foods S.A, as well as collaborations with on-ground partners like Dr Reddy's Foundation. 🔹 In our R&D efforts, we're developing AI models to track Rice farming practices with unparalleled accuracy at a national scale, while partnered with renowned rice researchers, including Cornell University and International Rice Research Institute, to create a first-of-its-kind process-model specifically designed for smallholder rice fields in India. As we dive into 2024, we're excited to continue our goal of healing our planet and improving the lives of countless smallholder farmers! -- Hemant Mohapatra, Sierra Peterson, Jake Kent, Matthew Blain, Romit Mehta, Lauren Singer, Julia Arnhold, Kelsey Rudin, George Serafeim, Mark Tercek, Sanjiv Rangrass, Greg Michel, Kieran Francis, CFA, Michael Taksyak, Gopal Erinjippurath, Sergi Bastardas, Zubin Bharti Mittal, Marc Abousleiman, Aarya S., John Mulliken, Vikram Gandhi, Suman s